Unemployment Rate In The Philippines 2024

Unemployment Rate In The Philippines 2024. In december 2023, the philippines recorded the lowest unemployment rate since 2005 at 3.1%, indicating sustained enhancement in the labor market as more filipinos are. Unemployment, total (% of total labor force) (modeled ilo estimate) in philippines was reported at 2.233 % in 2023, according to the world bank collection of development indicators, compiled.

Manila, philippines — the number of jobless filipinos has once again surged in april 2024, registering a 4.0% unemployment rate, the philippine statistics authority (psa). Among the unemployed, the psa reported that 32 out of 1000, or 3.2% of males had no jobs in november 2023.